38 Reed Street, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
 
OFF MARKET

38 Reed Street
Albert Park VIC 3206

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 174m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 29 Dec 2025
Low
High
Share
Save

Property Details for 38 Reed St, Albert Park

38 Reed St, Albert Park is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 174m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1900
Land Size
174m2
Local Government
Port Phillip
Lot/Plan
1/TP547887

Last Listing description (December 2021)

** In line with current Government restrictions, we advise open for inspections are open to fully vaccinated patrons only. Density quotients will apply. Should you not be fully vaccinated we can assist with a private inspection appointment. Please contact the Agent for further information should you wish to arrange a private appointment **

First time offered since 1978, this much loved 3 bedroom single fronted Victorian is a well-maintained palette of promise with gorgeous street appeal.

Charming with its 12ft approx. ceilings with deep cornices and ceiling roses, arched hallway, timber dadoing and open fireplaces, this original gem is on 172sqm approx., and enjoys a cute porch to watch the world go by, 3 lovely bedrooms (2 with fireplaces), an endearing lounge with adjoining store room, a vintage eat-in kitchen, a retro bathroom with toilet and a separate laundry.

Enjoying loads of natural light, this delightful treasure has a charming courtyard that catches the afternoon sun and the sea breeze, featuring a fig tree, a palm tree, gated access to Beaconsfield Lane and an outbuilding that is home to the garden shed and a 2nd toilet.

Literally one block from the sweeping shoreline of Port Melbourne Beach, where you can walk along the promenade to Station Pier and beachfront restaurants, and so close to Victoria Avenue shopping, the tram, Albert Park College and the Gasworks Arts Park.

An exciting renovator on 172sqm approx..
Charming period detail
5 principal rooms
Rear lane pedestrian access
Footsteps to the beach, tram and Victoria Avenue shops

Show More

Property History for 38 Reed St, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$2,005,500
04 Dec 2021
  • 04 Dec 2021
    Sold for $2,005,500
  • 10 Nov 2021
    Listed for Sale $1,600,000 - $1,670,000
  • 31 Oct 1978
    Sold for $34,000
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Albert Park 3206

The size of Albert Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 55.1% of total area. The population of Albert Park in 2016 was 6215 people. By 2021 the population was 6044 showing a population decline of 2.8% in the area during that time. The predominant age group in Albert Park is 50-59 years. Households in Albert Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Albert Park work in a professional occupation.In 2021, 60.80% of the homes in Albert Park were owner-occupied compared with 58.90% in 2016.

Albert Park has 3,645 properties. Over the last 5 years, Houses in Albert Park have seen a 21.99% increase in median value, while Units have seen a 6.08% increase. As at 30 November 2025:

  • The median value for Houses in Albert Park is $2,474,592 while the median value for Units is $903,200.
  • Houses have a median rent of $920 while Units have a median rent of $625.
There are currently no properties listed for sale, and 1 property listed for rent in Albert park on OnTheHouse. According to Cotality's data, 168 properties were sold in the past 12 months in Albert park.

Albert Park Profile Page

Suburb Insights for Albert Park 3206

Visit Albert Park profile page
Market Insights
Albert Park Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Albert Park Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Albert Park profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED